nope. most of them dont have them.
and your dad is right about turbos. they arent cheap, and its incredibly easy to ruin one. just race around a bunch, park it and turn it off with no cool down period and its cooked.
turbos are powered by HOT exhuast gases, when you have a turbo working hard it can get red HOT.
turbos are lubricated and cooled with motor oil. turn off the motor and you turn off the cooling, do that when the turbo is still HOT and the seals fail.
and the more hp a car has the more it costs to insure it, especially with a young driver. certain key words like "turbo" can also raise insurance costs.
that was true when i got my 1st car. it was true when your dad got his 1st car.
back in the era of the american muscle cars, it was very common to underrate the hp as a selling point. the 70 chevelle SS with the LS6 454 big block motor was rated at 450 hp, it was putting out 500 hp easily but 500 hp cost more to insure and would of scared away some buyers.